Quote:
Originally Posted by bagekko
Ok no P talk, but curious what the market will do after. If T wins the market will go up/down and how much Thu & Fri? If H wins the market will go up/down and how much Thu & Fri?
I feel like the market has already priced in T winning. If that happens it may go up a little, 1-2% for the Dow & S&P, 3-5% for the Nasdaq. If H wins I predict the Dow & S&P down 3-5% and Nasdaq down 6-10% over the end of the week after.
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IIRC during Trump's first term the market went up 13.8% per year. 'course I'm sure there were some investors who sold off some of their holdings assuming markets would crash.
During Biden's only term (as president) the market also went up but by a lesser amount. 11.9%.
And I recall prior to Biden's election win the word was the markets would drop considerably. 20% or more was bandied about.
I stayed in the market during both Trump and Biden terms.
Investing based on politics is not a good idea.